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BATIFEN

Judicial reorganisation
Private limited company (pre-2019)founded 2012active for 14 years284 active companies are registered at this addressKBO/BCE: BE 0843.733.120
Summary

The file of BATIFEN contains 2 judicial reorganisation notices, 2 historical bankruptcy publications and 2 administrative flags, as published in the Belgian Official Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. For BATIFEN, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €9,654 and a net result of €1,187. Equity is growing by about 19% per year across the filed financial years. Its solvency ranks better than 18% of 7,795 sector peers (NACE 41, financial year 2022).

BATIFENJudicial reorganisation

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court
Enterprise Court of Hainaut
Opened
4 January 2024
Track
Reorganisation by collective agreement
Docket number
20230030
Moratorium until
5 August 2024 (passed; an extension would be in a later judgment)
Creditors' vote
2 May 2024
Delegated judge
Pierre Battard
Official Gazette
16-01-2024 (pdf) ↗search the document for 2024/100494

What to do now

  1. Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
  2. Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
  3. The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
  4. What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
  5. The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Follow Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€106,218total assets 2022
Equity
€9,654
Profit
€1,187
Turnover not published (micro format)
Financial health
2022 figures too old to scoreReorganisation running: about 1 in 4 bankrupt within the year
Structure
Accounts 812 days overdue1 of 8 deeds read
Signalsraises riskIn judicial reorganisationTwo or more financial years not filedFiled more than 90 days lateAdministrative warnings in the KBO publicationsShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Judicial reorganisation: Ongoing judicial reorganisation
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Weak
Solvency 34-4
equity 9.1% of total assets
Liquidity 7-8
short-term debt 78.7% · cash 0.1%
Profitability 70+1
return on assets 1.1%
Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation

Signals

Four signals.
raises risk
raises risk · In judicial reorganisation
Ongoing procedure under court protection (Book XX of the Code of Economic Law). The company is restructuring.
Belgian Official Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2023 year end31-07-2024 deadline21-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-11-2023, 116 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
116 days late
2021
169 days late
2020
325 days late
2019
294 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 226 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
UBO non-complianceAddress struck
  1. Address struckevent 28-05-2026
  2. UBO non-complianceevent 21-10-2024
  3. Registered officeRegistered-office move · Director in…

Key points

  • Risk: In judicial reorganisationtrustee not known 04-01-2024 View
  • Risk: Accounts not fileddeadline was 31-07-2024 812 days late View
  • Caution: Among the weakest 18% on solvencysector median 39.9% · 7,795 companies 9.1% View

By topic

Financials

Financial year
2022
Total assets
€106,218
Profit
€1,187
Solvency
9.1%
Total assets▲ 60.1%
Net result
20182022
Go to Financials

Timeline

Events
20
Since
2013
  1. 02-05-2024Extension
  2. 16-01-2024Opening
  3. 24-11-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
16-02-2012
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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